Applying for a mortgage is a significant step in your journey toward home-ownership. To ensure a smooth process, it’s crucial to gather the necessary documents well in advance. Here are the six essential documents you’ll need when applying for a mortgage.
More than four million people in the UK are self-employed, making up around 12% of the workforce1. If you’re one of them, getting a mortgage can feel like navigating a maze. But fear not, here’s a step-by-step guide to help you secure that mortgage.
In order to create these results, we have had to make a few assumptions:
1) Interest is charged monthly.
2) Interest rate stays the same over the term.
3) If you selected ‘Interest only’, we assume your standard monthly payment doesn’t decrease even if you pay off some of the balance.
